Despite significantly reducing both overhead and labour costs, hotels in Abu Dhabi were unable to offset the decline in revenue across the major operating departments in May and as a result year-on-year profit per room dropped 6.9 percent.

Profit per room at hotels in Sharm El Sheikh was recorded at just USD0.50 in April, a 97.9 percent decline from the same period in 2015, with year-to date GOPPAR at minus USD2.85, a 116.7 percent slide on 2015 performance of USD17.04.

The 30.3 percent profit drop at properties in Beirut in April is further to a 38.7 percent decline in March, which paints a grim picture for the Lebanese capital. While average room rates (ARR) increased 16.5 percent year-on-year to USD106.76 in